Mitch's Weekly Market Report

Indianapolis, IN 46239

Condos/Townhomes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Indianapolis, IN 46239

Sat Nov 22 2025
This week the median list price for Indianapolis, IN 46239 is $199,500 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has decreased to 5. Click here to stay informed with the Indianapolis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Indianapolis, IN 46239

Sat Nov 22 2025
This week the median list price for Indianapolis, IN 46239 is $199,500 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has decreased to 5. Click here to stay informed with the Indianapolis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $199,500
Median Price of New Listings $0
Per Square Foot $133
Average Days on Market 99
Median Days on Market 119
Price Decreased 80%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$285,242 1,627 6,500 - 8,000 sqft 2 2 2 0 0 80
$199,500 1,494 4,500 - 6,500 sqft 4 2.5 20 0 0 154
$199,000 1,541 0 - 4,500 sqft 4 2.5 12 0 0 63
$169,900 1,309 6,500 - 8,000 sqft 2 2 20 0 0 119